Press release
Smart Logistics-Smarter India: Exploring the Potential of the New Gen Market: Ken Research
India, the world's 5th largest economy, holds the 44th position on the Logistics Performance Index, achieving a score of 3.18. India's Union Budget 2023 has brought with it a number of opportunities and challenges for the logistics sector.STORY OUTLINE
Indian government's initiatives aim to revolutionize the logistics sector, including a Logistics Master Plan, National Logistics Policy, and PM Gati Shakti initiative.
Emphasis on infrastructure development through programs like GatiShakti, Bharatmala, and Sagarmala, to enhance transportation and logistics operations.
Technology-driven solutions like blockchain, big data, and digital twins are being adopted to improve transparency, efficiency, and goods movement.
Efforts to attract private investments in the logistics sector, supported by administrative reforms and the ambitious National Infrastructure Pipeline.
Focus on strengthening international connectivity through coastal shipping, fostering enhanced relations with Southeast Asian nations.
The announcement of India's Union Budget for 2023 has stirred the logistics sector, triggering a response to the fresh opportunities and challenges it brings forth. India's logistics costs have reduced than those of developed countries by a staggering ~40%. After China, the United States, and Russia, India holds the 4th position globally in terms of railway freight traffic. The government's initiative to connect the National Capital Region (NCR) with the Eastern and North Eastern states through coastal shipping and is fostering enhanced international relations with Southeast Asian nations.
1. Logistics Revolution: Government's Bold Steps to Drive Sector Growth
Cutting down domestic income tax rates from 30% to 22% aims to stimulate business growth for domestic companies. The government has taken multiple initiatives to enhance the logistics sector, including the implementation of a Logistics Master Plan, the formulation of a National Logistics Policy, the establishment of National Multimodal Facilities and Warehousing, and the introduction of the National Logistics Workforce Strategy. The government has rolled out a national logistics policy and PM Gati Shakti initiative to boost the competitiveness of the industry and cut logistics costs.
2. Logistics in the Limelight: The Budget's Strategic Investments Unveiled
To learn more about this report Download a Free Sample Report: https://www.kenresearch.com/sample-report.php?Frmdetails=MzM1Mjcy
Budgetary provisions encompass a range of measures aimed at invigorating the economy and generating employment opportunities. Notably, there is a strong emphasis on infrastructure development, which is poised to yield substantial benefits for the logistics sector. The Indian freight transportation industry is experiencing rapid growth to meet the demands of an increasing consumer base. According to NITI Ayog, India currently transports a staggering 4.6 Bn tonnes of freight each year, resulting in a transport demand of 2.2 Tn tonne-kilometres and an expenditure of Rs 9.5 lakh crore.
3. Tech-Forward Transformation
Visit this Link: - Request for custom report: https://www.kenresearch.com/ask-customization.php?Frmdetails=MzM1Mjcy
Global supply chain disruptions and sustainability concerns drive widespread adoption of technology-driven solutions like blockchain, big data, cloud computing, and digital twins. Although India's adoption is relatively low, the government introduces digital solutions like ICEGATE and E-Logs, enhancing transparency, efficiency, and expediting goods movement.
4. Attracting Investments: Infrastructure the Key to Unlocking Opportunities
Request free 30 minutes analyst call: https://www.kenresearch.com/book-a-discovery-call.php?Frmdetails=MzM1Mjcy
The Government of India launches infrastructure programs like GatiShakti, Bharatmala, and Sagarmala, focusing on roads, railways, and ports. Administrative reforms and private investments support these initiatives. The ambitious National Infrastructure Pipeline targets INR ~50 lakh crore investments. While 100% FDI is permitted in most transport infrastructure, concerted efforts are essential to maximize its impact and realize the desired outcomes in fast-tracking infrastructure development.
India's Union Budget for 2023 ushers in a logistics revolution with bold steps to enhance the sector's growth. Infrastructure development, tech-forward transformations, attracting investments, and fostering international relations are key highlights, poised to reshape India's logistics landscape and drive economic progress.
For more insights on the market intelligence, refer to the link below: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/india-logistics-market-outlook-to-2024/335272-100.html
India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Logistics-Smarter India: Exploring the Potential of the New Gen Market: Ken Research here
News-ID: 3120181 • Views: …
More Releases from Ken Research Pvt .Ltd

Ken Research Stated Malaysia's Automotive Aftermarket Service Market to Reach MY …
Comprehensive market analysis highlights demand surge from aging vehicles, digital adoption, and multi-brand dominance reshaping Malaysia's aftersales ecosystem.
Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Automotive Aftermarket Service Market Outlook to 2028," revealing that Malaysia's automotive aftermarket service industry valued at MYR 35 billion based on a five-year historical analysis. The report extends forecasts through 2028, detailing how growth will be driven…

Malaysia Ophthalmology Surgery Market - Ken Research Stated the Sector Valued at …
Comprehensive market analysis maps demographic demand shifts, technological adoption, and strategic imperatives for providers in Malaysia's evolving surgical eye-care ecosystem.
Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Ophthalmology Surgery Market Outlook to 2029," revealing that Malaysia's ophthalmology surgery market is valued at RM 1150 million. The comprehensive analysis details how cataract procedures, refractive surgeries, and micro-invasive glaucoma surgeries (MIGS) are expected to…

Philippines Medical Devices Market Crosses USD 1550 million Milestone - Latest I …
Comprehensive market analysis maps demand acceleration, regulatory clarity, and capital allocation priorities across a high-growth, import-reliant ecosystem.
Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Philippines Medical Devices Market Outlook to 2028," revealing that the Philippines medical devices market has reached ~USD 1550 million. The analysis details how Universal Health Care (UHC) rollout, hospital infrastructure upgrades, and Metro Manila's concentration of premium providers are…

Vietnam Used Car Market Crosses VND 1,60,000 billion Milestone - Latest Insights …
Comprehensive market analysis maps demand shifts, digital disruption, and strategic imperatives shaping Vietnam's secondary auto ecosystem through 2028.
Delhi, India - September 26, 2025 - Ken Research released its strategic market analysis titled "Vietnam Used Car Market Outlook to 2028," revealing that Vietnam's used car market is valued at VND 1,60,000 billion. The comprehensive analysis details how transaction volumes are set to accelerate as organized dealers, OEM-certified programs, and digital-first marketplaces…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…